Axis Nifty Bank Index Fund Overview
Category Index Fund
BMSMONEY Rank N/A
BMSMONEY Rating N/A
Gro. Opt. As On: 30-12-2024
NAV ₹10.37(R) -0.67% ₹10.43(D) -0.67%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) -% -% -% -% -%
LumpSum (D) -% -% -% -% -%
SIP (R) -% -% -% -% -%
SIP (D) -% -% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
Top Index Fund
Fund Name Rank Rating
Motilal Oswal Nifty Smallcap 250 Index Fund 1
ICICI Prudential Nifty Smallcap 250 Index Fund 2
Aditya Birla Sun Life Nifty Midcap 150 Index Fund 3
Nippon India Nifty Smallcap 250 Index Fund 4
Motilal Oswal Nifty Midcap 150 Index Fund 5
Nippon India Nifty Midcap 150 Index Fund 6
Nippon India Nifty 50 Value 20 Index Fund 7
Dsp Nifty Next 50 Index Fund 8
Aditya Birla Sun Life Nifty Smallcap 50 Index Fund 9
Kotak Nifty Next 50 Index Fund 10
Icici Prudential Nifty Next 50 Index Fund 11

NAV Date: 30-12-2024

Scheme Name NAV Rupee Change Percent Change
Axis Nifty Bank Index Fund - Regular Plan - IDCW Option 10.37
-0.0700
-0.6700%
Axis Nifty Bank Index Fund - Regular Plan - Growth Option 10.37
-0.0700
-0.6700%
Axis Nifty Bank Index Fund - Direct Plan - Growth Option 10.43
-0.0700
-0.6700%
Axis Nifty Bank Index Fund - Direct Plan - IDCW Option 10.43
-0.0700
-0.6700%

Review Date: 30-12-2024

A review of the different performance parameters of the fund is as follows:
  1. Returns: It reflects the surge in the investment's value throughout the investment period, communicated as a percentage or a specific monetary sum. Our analysis encompassed three return parameters of this fund. We have organized the return parameters into three performance groups for evaluation: the top 25%, parameters that rank below the top 25% but above average, and parameters that are below average. Below, you'll find a breakdown of how each parameter has performed.
    1. Top 25%: The Axis Nifty Bank Index Fund has one return parameter in the top 25% in the category, as shown below:
      • 3M Return %
    2. Above Average Below the Top 25%: The fund does not have any return parameter which is above average but below the top 25%.
    3. Below Average: Axis Nifty Bank Index Fund has two return parameters that are below average in the category, which are listed below:
      • 1M Return %
      • 6M Return %
  2. Risk: It refers to the chance of suffering a financial loss or not reaching the expected profits due to a variety of circumstances. Zero risk parameters of the fund are divided into three groups the lowest 25%, below average but above the lowest 25%, and above average, which are described below.
    1. Lowest 25%: Axis Nifty Bank Index Fund does not have any risk parameters in the lowest 25% of the category. It means high risk compared to other funds in the category.
    2. Below Average but Above the Lowest 25%: Axis Nifty Bank Index Fund does not have any risk parameters in the below average but above the lowest 25% of the category.
    3. Above Average: Axis Nifty Bank Index Fund does not have any risk parameters above average; which is a good sign.
  3. Risk Adjusted Performance Parameters: In mutual funds, risk-adjusted performance parameters are evaluation tools that gauge the returns of an investment against the risk taken. They assist investors in comparing various investments, factoring in both risk and returns. We have evaluated zero risk-adjusted performance parameters of the fund.
    1. Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the top 25% of the category.
    2. Above Average Below Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.
    3. Below Average Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.


Not able to see in mobile!!! save the chart by clicking on camera icon.

KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -2.24
-1.85
-6.61 | 4.74 67 | 143 Good
3M Return % -4.00
-6.30
-15.90 | 5.16 34 | 143 Very Good
6M Return % -3.28
-0.43
-10.01 | 22.03 102 | 139 Average
Return data last Updated On : Dec. 30, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
KPIs: Key Performance Indicators

Rotate the phone! Best viewed in landscape mode on mobile.
KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -2.18 -1.82 -6.58 | 4.80 66 | 145
3M Return % -3.79 -6.20 -15.80 | 5.33 33 | 145
6M Return % -2.86 -0.17 -9.74 | 22.46 100 | 141
Return data last Updated On : Dec. 30, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D -0.67 ₹ 9,933.00 -0.67 ₹ 9,933.00
1W -0.70 ₹ 9,930.00 -0.68 ₹ 9,932.00
1M -2.24 ₹ 9,776.00 -2.18 ₹ 9,782.00
3M -4.00 ₹ 9,600.00 -3.79 ₹ 9,621.00
6M -3.28 ₹ 9,672.00 -2.86 ₹ 9,714.00
1Y ₹ ₹
3Y ₹ ₹
5Y ₹ ₹
7Y ₹ ₹
10Y ₹ ₹
15Y ₹ ₹

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 ₹ ₹
3Y ₹ 36000 ₹ ₹
5Y ₹ 60000 ₹ ₹
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Axis Nifty Bank Index Fund NAV Regular Growth Axis Nifty Bank Index Fund NAV Direct Growth
30-12-2024 10.3717 10.4273
27-12-2024 10.4421 10.4973
26-12-2024 10.4138 10.4686
24-12-2024 10.427 10.4814
23-12-2024 10.4445 10.4987
20-12-2024 10.3326 10.3855
19-12-2024 10.4979 10.5514
18-12-2024 10.6122 10.666
17-12-2024 10.7531 10.8074
16-12-2024 10.9047 10.9596
13-12-2024 10.9061 10.9602
12-12-2024 10.8316 10.885
11-12-2024 10.8675 10.9208
10-12-2024 10.9057 10.959
09-12-2024 10.8715 10.9244
06-12-2024 10.8932 10.9454
05-12-2024 10.913 10.965
04-12-2024 10.8447 10.8961
03-12-2024 10.7287 10.7793
02-12-2024 10.6095 10.6593

Fund Launch Date: 24/May/2024
Fund Category: Index Fund
Investment Objective: To provide returns before expenses that corresponds to the total returns of the Nifty Bank TRI subject to tracking errors. However there is no assurance that the investment objective of the Scheme will be achieved.
Fund Description: An Open Ended Index Fund tracking the Nifty Bank TRI
Fund Benchmark: Nifty Bank TRI
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.